Search Results

You are looking at 1 - 10 of 26 items :

  • Keyword: debts x
  • IMF Working Papers x
Clear All Modify Search
An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub-Saharan Africa

An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub-Saharan Africa »

Source: An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub-Saharan Africa

Volume/Issue: 1997/68

Series: IMF Working Papers

Author(s): Simeon Ajayi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

ISBN: 9781451961119

Keywords: external debt, debt, debt overhang, debt service, debt burden

The general objective of this study is to analyze the external debt and debt burdens of the severely indebted sub-Saharan African countries, estimate the magnitude of capital flight from them, and relate the estima...

Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs

Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs »

Source: Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs

Volume/Issue: 2009/217

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2009

ISBN: 9781451873641

Keywords: decision point, enhanced HIPC Initiative, IMF-supported program, debt ratio, debt service, debt ratios, concessional debt,

Exclusion restrictions used to identify demand and supply relationships for market financing among IDA recipients (past and present) show that poor credit ratings and high political instability adversely impact the...

The Macroeconomic Effects of ESAF-Supported Programs

The Macroeconomic Effects of ESAF-Supported Programs »

Source: The Macroeconomic Effects of ESAF-Supported Programs : Revisiting Some Methodological Issues

Volume/Issue: 1995/92

Series: IMF Working Papers

Author(s): Susan Schadler , Louis Dicks-Mireaux , and Mauro Mecagni

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

ISBN: 9781451951486

Keywords: equation, debt service, standard errors, external debt, statistics

This paper examines whether ESAF-supported programs during 1986-91 had significant independent effects on growth, inflation and the external debt service ratio. Econometric estimates of the Generalized Evaluation E...

Big Government, High Debt, and Fiscal Adjustment in Small States

Big Government, High Debt, and Fiscal Adjustment in Small States »

Source: Big Government, High Debt, and Fiscal Adjustment in Small States

Volume/Issue: 2008/39

Series: IMF Working Papers

Author(s): Rui Ota , and Stephanie Medina Cas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451869019

Keywords: Government size, fiscal adjustment, external debt, external public debt,

Using a new fiscal dataset for small states, this paper analyzes the link between country size, government size, debt, and economic performance. It finds that on average small states have larger governments and hig...

Debt Relief for Low-Income Countries and the HIPC Initiative

Debt Relief for Low-Income Countries and the HIPC Initiative »

Source: Debt Relief for Low-Income Countries and the HIPC Initiative

Volume/Issue: 1997/24

Series: IMF Working Papers

Author(s): Kamau Thugge , and Anthony Boote

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1997

ISBN: 9781451844108

Keywords: External Debt, Heavily Indebted Poor Countries Initiative, stock-of-debt operation, debt reduction, debt relief, present value

The paper describes the debt burden of low-income countries and the traditional mechanisms that have been implemented by the international community to alleviate this burden. While these mechanisms are sufficient t...

Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link

Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link »

Source: Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link

Volume/Issue: 2005/223

Series: IMF Working Papers

Author(s): Tito Cordella , Luca Ricci , and Marta Ruiz-Arranz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2005

ISBN: 9781451862423

Keywords: Growth, Debt Overhang, Debt Irrelevance, HIPCs, external debt, public debt, International Lending and Debt Problems, Economic Growth and Aggregate Productivity: General,

Do Highly Indebted Poor Countries (HIPCs) suffer from a debt overhang? Is debt relief going to improve their growth rates? To answer these important questions, we look at how the debt-growth relationship varies wit...

Four Decades of Fund Arrangements

Four Decades of Fund Arrangements »

Source: Four Decades of Fund Arrangements : Macroeconomic Stylized Facts Before the Adjustment Programs

Volume/Issue: 1995/74

Series: IMF Working Papers

Author(s): Julio Santaella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1995

ISBN: 9781451849530

Keywords: balance of payments, external debt, export markets, current account, debt crisis

This paper analyzes the initial conditions before Fund financial arrangements are adopted. Evidence from 324 Fund arrangements in 78 developing countries during 1973-91 indicates that there are important difference...

Output Response to Currency Crises

Output Response to Currency Crises »

Source: Output Response to Currency Crises

Volume/Issue: 2003/230

Series: IMF Working Papers

Author(s): Ratna Sahay , Deepak Mishra , and Poonam Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

ISBN: 9781451875522

Keywords: currency crisis, debt burden, crisis episodes, short-term debt, Open Economy Macroeconomics, Economic Growth of Open Economies,

This paper analyzes the behavior of output during currency crises using a sample of 195 crisis episodes in 91 developing countries during 1970-98. It finds that more than two-fifths of the crises in the sample were...

Implications of Oil Inflows for Savings and Reserve Management in the Cemac

Implications of Oil Inflows for Savings and Reserve Management in the Cemac »

Source: Implications of Oil Inflows for Savings and Reserve Management in the Cemac

Volume/Issue: 2007/243

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2007

ISBN: 9781451868067

Keywords: Oil Inflows, Foreign Reserves, Reserve Management, current account, balance of payments, short-term debt,

This paper argues that as part of their fiscal optimization strategies CEMAC countries should be given the opportunity to invest into longer-term assets that generate market-based returns. The BEAC has created a fr...

The Cross-Country Incidence of the Global Crisis1

The Cross-Country Incidence of the Global Crisis1 »

Source: The Cross-Country Incidence of the Global Crisis

Volume/Issue: 2010/171

Series: IMF Working Papers

Author(s): Gian Milesi-Ferretti , and Philip Lane

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201822

Keywords: private credit, international financial integration, output growth, current account balance, short-term debt,

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of develo...